2, NIVEN COURTYARD, CHELTENHAM, GL51 0GG - £480,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 NIVEN COURTYARD is a midsized extended detached house of 134m², built sometime between 2003 and 2006. It was last sold for £480,000 in July 2024, which was around 20% below the average July 2024 detached price in the Cheltenham local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

2 NIVEN COURTYARD Sold Prices

Land registry data shows two sales for 2 NIVEN COURTYARD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. One of the two 2 NIVEN COURTYARD sales was for below the average price, whilst the other was roughly equal to the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2024 30 JUL	£480,000	£596,721	20% below HPI
2003 24 OCT	£267,500	£267,286	Close to HPI

2 NIVEN COURTYARD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheltenham local authority area over time, sourced from the HPI. The two 2 NIVEN COURTYARD sales from October 2003 and July 2024 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2003 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2024 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 2 NIVEN COURTYARD?

2 NIVEN COURTYARD is 134m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the largest 50% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 2 NIVEN COURTYARD lies on this distribution: 57% of detached houses are smaller than 2 NIVEN COURTYARD, and 42% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

2 NIVEN COURTYARD: Plot and Title Map

2 NIVEN COURTYARD sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 2 NIVEN COURTYARD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 NIVEN COURTYARD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 NIVEN COURTYARD?

2 NIVEN COURTYARD is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 2 on NIVEN COURTYARD.